Bankinter Portugal has already used 75% of the public guarantee for young housing

Bankinter Portugal has utilized 75% of its public housing guarantee for young people, amounting to 45 million euros out of 60 million. CEO Gloria Ortiz emphasized the need for long-term political commitment to address the structural housing crisis, advocating for stability in legislation. The bank reported a 13% profit increase to 178 million euros by September, and CFO Jacobo Díaz mentioned the possibility of requesting additional funds if the limit is reached. The ongoing social protests across Europe highlight the urgency for effective housing solutions.